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Consolidated Statements of Comprehensive Loss-Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Net product revenue $ 6,542 $ 8,351 $ 23,404 $ 23,763
Collaborative agreements 0 285,910 33 289,209
Royalties and other revenue 92 187 359 374
Total revenues 6,634 294,448 23,796 313,346
Operating expenses:        
Cost of sales (including finite-lived intangible asset amortization) 633 577 1,929 2,457
Research and development, including stock-based compensation of $1,029 $1,698, $5,154 and $5,369, respectively 40,147 26,659 152,629 51,318
Selling, general and administrative expenses, included stock-based compensation of $875, $1,864, $5,440 and $5,370, respectively 11,997 13,898 40,798 42,271
Asset Impairment Charges 0 28,638 0 28,638
Total operating expenses 52,777 69,772 196,956 124,684
Gain on sale of non-financial assets 132,818 0 132,818 0
Loss from operations 86,675 224,676 (40,342) 188,662
Gain (Loss) on Extinguishment of Debt (255) 0 (255) 0
Interest expense (4,118) (5,204) (14,374) (15,485)
Interest and other income, net 301 600 1,892 2,080
Net Income (Loss) before Taxes 82,603 220,072 (53,079) 175,257
Income Tax Benefit 0 6,014 0 6,014
Net income (loss) $ 82,603 $ 226,086 $ (53,079) $ 181,271
Net income (loss) per common share, Basic $ 0.77 $ 2.13 $ (0.50) $ 1.71
Net income (loss) per common share, diluted $ 0.71 $ 1.95 $ (0.50) $ 1.59
Shares used in computing net loss per common share, Basic 107,309 106,272 106,974 106,200
Unrealized gain on investments $ (277) $ (50) $ (49) $ 48
Comprehensive loss 82,326 226,036 (53,128) 181,319
Stock-based compensation expense associated with research and development expense 1,029 1,698 5,154 5,369
Stock-based compensation expense associated with selling, general and administrative expense 875 1,864 5,440 5,370
Impairment of Real Estate $ 0 $ 0 $ 1,600 0
Proceeds from Sale of Productive Assets       $ 0